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Freddie Mac's Declining Multifamily Business Last Year Drags on Lender's Earnings

Government-Sponsored Lender Increased Loss Reserves Mostly on Single-Family Loans That May Sour
Freddie Mac reported that a slowdown in multifamily lending dragged  d down its earnings last year. (Getty Images)
Freddie Mac reported that a slowdown in multifamily lending dragged d down its earnings last year. (Getty Images)
CoStar News
February 22, 2023 | 10:12 P.M.

Freddie Mac said its multifamily business dragged on the lender’s revenues last year as lending activity dipped in the face of soaring interest rates.

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